Finmeccanica bags Eu3.2bn for DRS acquisition

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Finmeccanica bags Eu3.2bn for DRS acquisition

Finmeccanica, the Italian defence and aerospace group, has mandated Goldman Sachs, Intesa Sanpaolo, Mediobanca and UniCredit to arrange a Eu3.2bn loan backing its takeover of DRS, the US military contractor. Most of the money, Eu2.5bn, has a one year tenor, but the four leads are still expected to syndicate the deal soon. Find out more about it at EuroWeek online and about the syndication strategy on Friday.

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